I wonder when the Taub drilling results will be out?
These is the recent (11 Jan 13) announcement by MNE:
>>>>Drilling commenced at Taub on 10 January 2013 on hole TGPDH00001 to test the down dip extent of mineralisation identified in CCPCH00001.
>>>>Eight holes are planned to be drilled between 50.00m and 100.00m deep in the first pass program.
>>>>Even shown the Drill site for TGPDH00001 showing approximate location of mineralised quartz veins and mineralisation within CCPCH00001
Now it is 3 February, surely I would think it is now matter of days or weeks rather than months (subject to whether the lab has backlog...)
ONLY IF THE RESULTS WILL MIRROR THE TRENCH RESULTS...
If the drilling results can come anywhere close to the trench findings as per the previous announcements and as copied below, it will be an excellent outcome...
>>>Mining Group has now received results for trench CCPCH00003, 200m north of trench CCPCH00001 with a previously reported intercept of 4.00m @ 17.75 g/t Au (announcement 2nd November 2012). High grade gold mineralisation has now been identified in multiple east-northeast striking quartz v eins ranging in thickness from 10cm to over 1m and striking over a 300m length, and open in both directions. The veins dip moderately (45°) to the north west and occur within a number of sub-parallel mineralised structures associated with shearing and faulting.
>>>Trench CCPCH00003 has returned a best interval of 14.00m @ 11.38g/t Au and 18.06 g/t Ag from within a quartz vein and the associated w all rock alteration zone of the volcanic host rock. An individual rock chip result from the same trench within a pyrite bearing quartz vein returned 57.30g/t Au and 122.90 g/t Ag.
>>>Mining Group has received results for trench CCPCH00009, 25 metres south west of trench CCPCH00001 with a previously reported intercept of 4.00m @ 17.75 g/t Au (see announcement on 2 November 2012). High grade gold mineralisation has now been identified in multiple east-northeast striking quartz veins ranging in thickness from 10cm to over 1m and striking over a 300m length, and open in both directions. The veins dip moderately (45°) to the north west and occur within a number of sub-parallel mineralised structures associated with shearing and faulting.
?
>>>Trench CCPCH00009 has returned a best interval of 5.90m @ 5.46 g/t Au and 8.56 g/t Ag including individual samples up to 30.13 g/t Au and 79.6 g/t Ag. Gold and Silver mineralisation is hosted within quartz veins and the associated wall rock alteration zone of the volcanic host rock.
AND REMEMBER WHERE THIS EXPLORATION LOCATION IS:
The Comval Project is located in the established copper and gold producing region of the Compostela Valley in the Mindanao province of the Philippines, approximately 90 kilometers north of the Mindanao capital, Davao. It is located within the East Mindanao Ridge, which is a world class copper/gold province and which hosts major deposits such as Kingking (5 billion lb. Cu, 10.3 million oz. Au), Dilwalwal (10 million oz. Au) and CoO (2.5 million oz. Au).
WILL MNE DELIVER ... SOON???
Plenty has been found in the region...let's hope MNE will find its own pot of gold soon...
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